This is a summary & learning process that I attended last friday Essay

This is a summary & learning process that I attended last friday - Essay Example He is one of the tops 25 consultants in the world. At last Friday seminar, he emphasized that Informational Technology is extremely important in today’s business, he also advised to use IT with the real world, and revealed the negative sides of IT. Today, IT has become one of the crucial elements in the society. Dr Schroth explained that every single aspect of human’s life now is related with technology. Health, office, transportation, hospitality, lodging, foods, and other aspects will be organized better if corporations apply IT in managing business activities. For example, top oil company Shell spends $8 billion for technology budget. They understand that a better system of technology will assist their business in more effective ways. So they don’t have any hesitation to invest a big amount of money in technology because it’s a primary need for them. In addition, the groceries industry also makes big investments in technology; it happens because the technology helps to track their products location for shipping from one place to another. That is why technology is very important today. Since technology is one of the important elements in today’s world, small changes in IT could make big differences in how the companies behave, and can transform business procedures in the companies. It is because when the new technology comes out usually they update a new system. This requires a new technique, learning process, and procedures to operate the new technology in right order. So, the new system will assist the workers better. Technology makes society keep updated with the new changes. The fact that people try to keep updated brings negative effects to the society. The propaganda of the typical businessman at website changes the way people behave. People know the trend, the appearances, styles, and working. People are more likely to be like a robot in future because all of them have the same behaviors. Furthermore, social networking brings a bias,

Phlanders Flange Company Essay Example | Topics and Well Written Essays - 250 words

Phlanders Flange Company - Essay Example Our major aim is diversification of the market. Therefore, I feel that we should not pay extra premiums on the shares if we value the firm as a stand-alone entity. To reduce the premium value of the share, it would be advisable if we pay the company by cash. When we contrast the strength of our company and that Framingham Company, it appears that when we value the company independently, it does not give us the operating synergy we desire. Instead, the company can give us a financial synergy because it will increase our capacity to borrow. Before we acquire this company, I would propose that we take a moment to revisit our goals for acquisition (Bowles, 2012). Although the Framingham may appear as a good target, we should use our initial goals to determine whether it is the right target. Secondly, we need to do a comprehensive valuing of the company. It will help us to determine its future performance in the market (Bowles, 2012). Lastly, I propose that we investigate the information further to ascertain if the figures are correct. If the company meets our requirements, then we can go ahead and acquire